Forum Post: Truth about TARP "payback"
Posted 12 years ago on Oct. 28, 2011, 2:42 p.m. EST by MakeThisWork
(33)
from New York, NY
This content is user submitted and not an official statement
After watching that hatchet-job on CNN (Seriously?) I found myself wondering if all the TARP money had been paid back. I had assumed it was true because I had heard it so much, but thought I'd look it up... if only to keep myself from sounding like an idiot. Or at least trying! :)
The most recent numbers from an independent source I found were from from SourceWatch, and thought I'd share them here:
http://www.sourcewatch.org/index.php?title=Total_Wall_Street_Bailout_Cost
Turns out, WAY more than the normally reported $700 billion were actually handed out. So now you have an answer when people pull this chestnut out...
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